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Mathematics, 09.03.2021 05:10, sepdentalcare8131
ACTIVITY 1. Calculate the future value of simple ordinary annuity.
they plan for retirement as follows.
. Starting at the age of 20, Reden deposits P15,000.00 at the end of each year for 30
years.
. Starting at age 35, Redenton deposits P20,000 at the end of each year for 18 years.
Who will have the greater amount at retirement if both annuities earn 12% per year
compounded annually?β
![answer](/tpl/images/cats/otvet.png)
Answers: 1
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ACTIVITY 1. Calculate the future value of simple ordinary annuity.
they plan for retirement as foll...
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